How to Avoid the Pitfalls of Big Banks and Their Fees

• The average overdraft fee at the Big Banks is $35.
• Most often these fees come in waves, 2–4 at a time.
• Big Banks let you overdraft your account without any notice or decline at the register.
• Big Banks made $12 Billion in overdraft fees in 2019.
• This has dropped to $6 Billion now as over 30 Million Americans started using online banks.
• These fees are what drive Americans to payday loan stores.

The Benefits of Using an Online Bank or Banking App

• No overdraft fees.
• No monthly fees.
• Get paid before your payday.

Banking Apps We Think Are Good for the Consumer

• Qube Money Cash Envelope Banking App.
• Chime Banking App.
• Dave Banking App.